NOT LISTED FOR SALE

240 Franklin St Unit 7 Cambridge, MA 02139

Cambridgeport Neighborhood

Estimated Value: $987,000 - $1,387,000

3 Beds
1 Bath
1,275 Sq Ft
$948/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $712,000 $558 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,252/month

About This Home

As of May 2015

Remarkable top floor, three-bedroom apartment located just outside Central Square. Spacious living room with lots of windows to let the natural light in. Large open kitchen features granite countertops, a gas range and plenty of room for more than one chef. Three generously sized bedrooms – master bed with a walk-in, custom closet. Sliding glass doors open to a large private deck with beautiful views of city skyline. Bonus office/den. Spacious bathroom with skylight and marble countertops. In-unit laundry. Located between Harvard University and MIT steps from the Red Line T stop and bus lines. First, last, security and broker's fee.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2015
Closed on
May 28, 2015
Sold by
Lind 4Th Joseph F and Bearce Caitlin L
Bought by
Richardson Patrick
Seller's Agent
Shawn Flynn
The Dory Group
Buyer's Agent
Bill Aibel
Coldwell Banker Realty - Cambridge
List Price
$719,900
Sold Price
$712,000
Premium/Discount to List
-$7,900
-1.1%
Current Estimated Value
$1,208,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,980
Avg. Annual Appreciation
5.43%
Original Mortgage
$569,600
Outstanding Balance
$445,876
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$763,104

Purchase Details

Closed on
Aug 3, 2007
Sold by
Hoffnagle Alison G and Ivcevic Nikica
Bought by
Lind 4Th Joseph F and Bearce Caitlin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Richardson Patrick $712,000 --
Lind 4Th Joseph F $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Patrick $569,600
Previous Owner Lind 4Th Joseph F $476,000
Previous Owner Bearce Caitlin L $358,000
Previous Owner Bearce Caitlin L $392,000
Previous Owner Lind 4Th Joseph F $388,000
Previous Owner Hoffnagle Alison G $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2023 04/23/23 Rented $5,000 +2.0% --
04/06/2023 04/06/23 For Rent $4,900 +16.7% --
06/15/2018 06/15/18 Rented $4,200 0.0% --
06/05/2018 06/05/18 Under Contract -- -- --
06/01/2018 06/01/18 For Rent $4,200 0.0% --
05/28/2015 05/28/15 Sold $712,000 0.0% $558 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
04/14/2015 04/14/15 Off Market $712,000 -- --
04/09/2015 04/09/15 Price Changed $699,900 -2.8% $549 / Sq Ft
03/26/2015 03/26/15 For Sale $719,900 -- $565 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,590 $880,300 $0 $880,300
2024 $5,226 $882,700 $0 $882,700
2023 $4,918 $839,200 $0 $839,200
2022 $4,857 $820,500 $0 $820,500
2021 $4,754 $812,700 $0 $812,700
2020 $4,513 $784,900 $0 $784,900
2019 $4,320 $727,200 $0 $727,200
2018 $4,192 $666,500 $0 $666,500
2017 $4,154 $640,100 $0 $640,100
2016 $3,767 $538,900 $0 $538,900
2015 $3,724 $476,200 $0 $476,200
2014 -- $436,900 $0 $436,900
Source: Public Records

Agents Affiliated with this Home

  • Erik Williams

    Seller's Agent in 2023

    Erik Williams

    Keller Williams Realty Boston Northwest

    (617) 504-2021

    29 Total Sales

    Erik Williams
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  • Tracy Boehme

    Seller's Agent in 2018

    Tracy Boehme

    Keller Williams Realty Boston Northwest

    (857) 228-3894

    1 in this area

    109 Total Sales

    Tracy Boehme
    Section Image
  • Jake Eddy

    Buyer's Agent in 2018

    Jake Eddy

    Compass

    (802) 779-4705

    3 Total Sales

    Jake Eddy
    Section Image
  • Shawn Flynn

    Seller's Agent in 2015

    Shawn Flynn

    The Dory Group

    (617) 823-9122

    Section Image
  • Bill Aibel

    Buyer's Agent in 2015

    Bill Aibel

    Coldwell Banker Realty - Cambridge

    (617) 840-6351

    82 Total Sales

    Bill Aibel
    Section Image
See All Agents

Map

Massachusetts Middlesex County Cambridge 02139 Cambridgeport

240 Franklin St Unit 7, Cambridge, MA

This home is located at 240 Franklin St Unit 7, Cambridge, MA 02139 and is currently estimated at $1,208,980, approximately $948 per square foot. 240 Franklin St Unit 7 is a home located in Middlesex County with nearby schools including Prospect Hill Academy Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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